IPC Section 489D: Making Or Possessing Instruments Or Materials For Forging Or Counterfeiting Currency-Notes Or Bank-Notes
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IPC Section 489D: Making Or Possessing Instruments Or Materials For Forging Or Counterfeiting Currency-Notes Or Bank-Notes
Whoever makes, or performs any part of the process of making, or buys or sells or disposes of, or has in his possession, any machinery, instrument or material for the purpose of being used, or knowing or having reason to believe that it is intended to be used, for forging or counterfeiting any currency-note or bank-note, shall be punished with 1 imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
Amendments
- Subs. by Act 26 of 1955, s. 117 and the Sch., for “transportation for life” (w.e.f. 1-1-1956).
-Text In Indian Penal Code
| Offence | Making or possessing machinery, instrument or material for forging or counterfeiting currency-notes or bank-notes |
| Punishment | Imprisonment for Life or 10 Years + Fine |
| Cognizance | Cognizable |
| Bail | Non-bailable |
| Triable By | Court of Session |
| Offence Compoundable | Offence is NOT Compoundable |
